Sprouts Farmers Market (SFM) Stock Forecast, Price & News

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Sprouts Farmers Market in the last twelve months. There are currently 3 sell ratings and 6 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "reduce" SFM shares.
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9 equities research analysts have issued 12-month price objectives for Sprouts Farmers Market's stock. Their SFM share price forecasts range from $26.00 to $42.00. On average, they predict the company's share price to reach $34.00 in the next twelve months. This suggests that the stock has a possible downside of 17.8%.
View analysts price targets for SFM or view top-rated stocks among Wall Street analysts.

Sprouts Farmers Market's stock was trading at $32.37 at the beginning of 2023. Since then, SFM stock has increased by 27.8% and is now trading at $41.38.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 14th 2023.
View our SFM earnings forecast.

Sprouts Farmers Market, Inc. (NASDAQ:SFM) released its earnings results on Tuesday, August, 1st. The company reported $0.71 earnings per share for the quarter, beating the consensus estimate of $0.64 by $0.07. The company had revenue of $1.69 billion for the quarter, compared to the consensus estimate of $1.69 billion. Sprouts Farmers Market had a trailing twelve-month return on equity of 27.23% and a net margin of 3.86%. The firm's revenue was up 6.1% on a year-over-year basis. During the same quarter last year, the company earned $0.57 EPS.

ETFs with the largest weight of Sprouts Farmers Market (NASDAQ:SFM) stock in their portfolio include Invesco Dorsey Wright Consumer Staples Momentum ETF (PSL), Invesco Food & Beverage ETF (PBJ), Touchstone Climate Transition ETF (HEAT), Putnam Sustainable Future ETF (PFUT), Global X Health & Wellness ETF (BFIT), SRH U.S. Quality ETF (SRHQ), SPDR S&P Retail ETF (XRT) and AXS Green Alpha ETF (NXTE).

Sprouts Farmers Market updated its third quarter 2023 earnings guidance on Tuesday, August, 1st. The company provided earnings per share (EPS) guidance of $0.59-$0.63 for the period, compared to the consensus EPS estimate of $0.62. The company issued revenue guidance of -.

244 employees have rated Sprouts Farmers Market Chief Executive Officer Jack Sinclair on Glassdoor.com. Jack Sinclair has an approval rating of 65% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Sprouts Farmers Market investors own include Advanced Micro Devices (AMD), NVIDIA (NVDA), Walt Disney (DIS), Tesla (TSLA), Cisco Systems (CSCO), Netflix (NFLX), QUALCOMM (QCOM), Pfizer (PFE), AT&T (T) and Alibaba Group (BABA).

Sprouts Farmers Market trades on the NASDAQ under the ticker symbol "SFM."

Sprouts Farmers Market's stock is owned by many different retail and institutional investors. Top institutional shareholders include BlackRock Inc. (11.95%), LSV Asset Management (4.76%), Renaissance Technologies LLC (4.50%), State Street Corp (3.71%), Dimensional Fund Advisors LP (2.85%) and Geode Capital Management LLC (2.10%). Insiders that own company stock include Brandon F Lombardi, Dan J Sanders, David Mcglinchey, Gilliam Phipps, Jack Sinclair, Joe Fortunato, John Scott Neal, Kim Coffin, Kristen E Blum, Lawrence Molloy, Nicholas Konat, Stacy W Hilgendorf and Terri F Graham.
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Shares of SFM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of SFM stock can currently be purchased for approximately $41.38.

Sprouts Farmers Market (NASDAQ:SFM) has a market capitalization of $4.22 billion and generates $6.40 billion in revenue each year. The company earns $261.16 million in net income (profit) each year or $2.41 on an earnings per share basis.

The company employs 31,000 workers across the globe.

Sprouts Farmers Market's mailing address is 5455 EAST HIGH STREET SUITE 111, PHOENIX AZ, 85054. The official website for the company is www.sprouts.com. The company can be reached via phone at (480) 814-8016, via email at susannahlivingston@sprouts.com, or via fax at 480-814-8017.